tulostilinpäätös

Tulostilinpäätös, often translated as profit and loss statement or income statement, is a fundamental financial report that summarizes a company's revenues, expenses, and profits or losses over a specific period. This period is typically a quarter or a fiscal year. The primary purpose of a tulostilinpäätös is to show how effectively a company has generated revenue and managed its costs to achieve profitability.

The statement begins with the company's total revenues, which represent the income generated from its primary business activities. From this total revenue, various costs and expenses are subtracted. These typically include the cost of goods sold (direct costs associated with producing goods or services), operating expenses (such as salaries, rent, and marketing), interest expenses, and taxes. The final figure on the statement is the net profit or net loss for the period. A positive result indicates a profit, while a negative result signifies a loss.

Investors, creditors, and management use the tulostilinpäätös to assess a company's financial performance and operational efficiency. Analyzing trends in revenues, expenses, and profitability over several periods can reveal important insights into the company's financial health and its ability to sustain and grow its business. It is a crucial component of a company's overall financial reporting, alongside the balance sheet and cash flow statement.